FOREX-Euro just off two-decade low, volatility at highest since March 2020 ...Middle East

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FOREX-Euro just off two-decade low, volatility at highest since March 2020
source : Devdiscourse ( Middle East ) () 42
The euro edged higher on Thursday, supported by rising risk appetite but still within striking distance of its two-decade low as surging energy prices fuel recession fears. Meanwhile, implied volatility in the forex market was still at its highest level since late March 2020 at 11.2%, reflecting a nervous market while investors look at the parity between the single currency and the dollar.

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